Massachusetts · Nonprofit
DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION
DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION (Massachusetts) receives grants from 45 organizations whose IRS filings report $4,171,164 to it, the largest being THE KRESGE FOUNDATION ($900,000). 26 of them have funded it in more than one year.
- Revenue FY2024
- $7.2M
- Funders on record
- 45
- Grants received
- $4.2M
- Net assets
- $26M
What Dorchester Bay Economic Development Corporation does
Mission
Dorchester Bay Economic Development Corporation acts to build a strong, thriving, and diverse community in boston's dorchester neighborhoods. Working closely with neighborhood residents and partners, we access resources to:-develop and preserve affordable home ownership and rental housing,-create and sustain commercial and economic development opportunities, and-build community power through organizing and leadership development.
As stated on its FY2024 Form 990.
Programs
Community services:our community services include tenant organizing which brings together active tenants to promote leadership and tackle critical issues. Within our organizing efforts, programs engage youth in education, recreation, organizing, leadership, and community services. "youth force organizing training and leadership development, is recognized as one of the strongest youth organizing programs in the state. Our reentry program is the first cdc-based re-entry program in new england for ex-offenders returning to their community. Using our organizing expertise, we have pulled together the a.g.'s office, police, corrections, and other non-profit service partners in this important collaborative. Our computer training programs have helped train adults and youths in computer skills. By placing residents in jobs created by our efforts, and helping build skills for employment, our efforts increase wealth and opportunities.
$652,696 spent$617,163 earned by the program14% of program spendingProject development:project development acquires constructs and redevelops real estate in our service area with the goal of reducing blight, improving the neighborhood, creating and preserving affordable housing, as well as commercial space that provides jobs, services and places for businesses to grow and thrive. In 2021 we completed construction on a 90-unit residential project (indigo block) and a $12,000,000 commercial project. In 2021 we started construction on a historic project (pierce) and completed construction in 2022 for a total cost of $13,700,000. In 2022, construction continued for leyland street which is converting a 13,000 square foot property into a 42,000 square foot, 42-unit affordable housing senior housing building.
$3,866,978 spentof which $32,475 as grants$7,605,547 earned by the program81% of program spendingLoan programs:loan programs provide one-on-one pre-loan and post-loan technical assistance to small business entrepreneurs and borrowers. The business loan fund offers direct loans from $500 to $250,000 (both db capital and sba loans). Dbedc is the only boston area cdc to make direct loans to small businesses. Dbedc's two-pronged strategies of developing commercial real estate and lending to businesses reinforce each other by creating physical spaces for business and also strengthening internal business capacity. Commercial revitalization is giving new life to the commercial districts in our area. We have completed loans to a wide array of different types of businesses.
$31,744 spent1% of program spendingAsset management:asset management focuses on the long term stewardship of the dbedc properties by seeking out physical, social, financial, environmental and policy opportunities that would maximize the value of the portfolio as well as improve the lives of the residents in the properties. At least 1.1 million dollars was spent in capital improvements in the portfolio to make sure the properties remain in good physical shape. 100% of the properties are being tracked on energy efficiency software and on average the portfolio had a 99% occupancy rate. All properties met the debt service requirements.
$212,142 spent$2,290,698 earned by the program4% of program spending
The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $4,763,560.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $23M to $43M (+88%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 1% · 2020 2% · 2021 14% · 2022 9% · 2023 8% · 2024 8%. Grants only. Government contracts and fees sit inside program revenue.
23% of DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (60% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Kimberly Lyle
Chief executive officer
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 9 funders to 12 funders, grant income rose $385k → $500k.
7 of 45 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 23% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $500k from one payer (the payer shares this organization's board, largest Boston Homeowner Services Collaborative Inc). These are real filings, and they are not money DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION raised.
From the IRS filings of DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION’s funders (the co-funder graph). Top 30 of 45 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION has a broad base — no single funder exceeds 22% of grant income, and it takes 4 funders to reach half.
the vertical line marks half of all grant income — 4 funders to its left
53% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2017 53% · 2018 43% · 2019 45% · 2020 22% · 2021 29% · 2022 34% · 2023 40% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
31% of DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION's funders are still giving 3 years after their first grant; 58% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION draws 54% of its grant income from funders outside Massachusetts, across 12 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $976k arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION is better cushioned than half of the 4,206 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,206 community improvement nonprofits $1M–$10M, FY2024
Organizations like DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
70% of spending goes to programs.
Governance
Public support
83%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 46 related entities
- Db 555 Dudley Street LLC · disregarded
- Db Commercial Inc · disregarded
- Dudley Terrace LP · disregarded
- Indigo Apartments Landowner LLC · disregarded
- Indigo Master Tenant LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION?
- DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION (Massachusetts) receives grants from 45 organizations whose IRS filings report $4,171,164 to it, the largest being THE KRESGE FOUNDATION ($900,000). 26 of them have funded it in more than one year.
- How many funders does DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION have?
- IRS filings report 45 organizations giving $4,171,164 in grants to DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION, 26 of which have funded it in more than one year.
- Who is the largest funder of DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION?
- THE KRESGE FOUNDATION is the largest funder on record, with $900,000 in grants. The full list of funders is on this page.
- How can an organization like DORCHESTER BAY ECONOMIC DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 45 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing